高盛:維持網易(9999.HK)“買入”評級 目標價162港元
高盛發表研究報告指,網易(9999.HK)強勁的知識產權(IP)儲備有助集團穩健發展,維持其“買入”評級,目標價162港元。
高盛指,網易管理層對後新冠疫情時期的線上遊戲行業樂觀,因為消費者更願意為遊戲內容付費,更多非付費玩家開始付費,另外狂熱玩家的付費金額亦增加。該行續指,網易對其下半年線上遊戲收入增長有信心,因為現有遊戲強勁,擁有較長遊戲週期,而將推出的新遊戲亦非常知名,例如《哈利波特》、《陰陽師》及《精靈寶可夢》等。管理層指,集團重申3-5年內將海外遊戲收入佔比上升至30%的目標。
高盛指,網易雲音樂與環球音樂最近簽訂的多年許可協議,網易雲音樂可獲得環球音樂的曲庫授權,網易雲音樂還將與環球音樂開展創新業務,管理層認為將可驅動可持續增長。至於在線教育業務有道,該行指,集團將把握行業在國內的增長機會,在後疫情時期快速發展。

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